Sponsored By: Today’s Summary Thursday, January 30th, 2020 Indices: US stocks closed higher in today’s session with the Dow Jones Industrial Average advancing 125 points or 0.43%. The S&P 500 gained 0.31%, while the Nasdaq rose 0.26%. The Russell 2000 was the weakest of the major averages, slipping just 0.06%. Sectors: Financials led, gaining 1.26%. Communications lagged, falling 1.01%. Commodities: Crude Oil futures inched lower by 0.24% to $52.95 per barrel. […]
Chart of the Day – Thursday, January 30th, 2020
BAYCREST: S&P 500 “is starting to break below its uptrend channel .. We see risk to the 50 DMA around 3208 .. Should the 50 DMA not hold, the risk is a bigger 5-6% move down as there is a ‘volume pocket’ towards the 3,000 level.” – @jkrinskypga pic.twitter.com/gwCH5TjldE — Carl Quintanilla (@carlquintanilla) January 30, […]
Daily Chart Report ? Wednesday, January 29th 2020
Sponsored By: Today’s Summary Wednesday, January 29th, 2020 Indices: US stocks were little changed in today’s session with the Dow Jones Industrial Average moving just 12 points or 0.04%. The S&P 500 and Nasdaq changed only 0.09% and 0.06%, respectively. The Russell 2000 was the weakest of the major indices, falling 0.55%. Sectors: Industrials led, gaining 0.53%. Energy lagged, falling 1.05%. Commodities: Crude Oil futures fell 1.63% to $53.10 per barrel. […]
Chart of the Day – Wednesday, January 29th, 2020
Can we wait to call Armageddon until % of $RUI constituents > 200-day MA print persistent values below 50-45ish please? The market can correct a lot more than 3% with the long term trend still intact $IWB pic.twitter.com/YwYxvX5NDJ — Drew Wells, CIMA® (@DrewTheCharts) January 29, 2020 Today’s Chart of the Day was shared on Twitter […]
Daily Chart Report ? Tuesday, January 28th 2020
Sponsored By: Today’s Summary Tuesday, January 28th, 2020 Indices: US stocks closed higher in today’s session with the Dow Jones Industrial Average advancing 187 points or 0.66%. The Nasdaq was the strongest of the major indices, gaining 1.43%, while the S&P 500 rallied 1.01%. The Russell 2000 rose by 0.86%. Sectors: All 11 sectors closed higher. Technology led, gaining 1.91%. Consumer Staples lagged but still inched […]
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